travel insurance News

Carnival, Tourism Industry, Insurers Tally Cost of Cruise Ship Accident

The cruise ship industry faces an uphill task to restore confidence among customers spooked by images of the stricken Costa Concordia flipped on its side in Italian waters on Monday and could suffer a hit to sales in a key …

John Hancock Financial Joins Travel Insurance Marketplace

John Hancock Financial has entered the travel insurance marketplace. The company’s product will be distributed by John Hancock Insurance Agency and underwritten by Old Republic Insurance Co. of Greenberg, Penn. The new travel insurance product combines cancellation, interruption, medical, accident …

D.C. Commissioner Recommends Reviewing Policies for Winter Activities

Washington, D.C.’s top insurance regulator is advising consumers to review their insurance policies and see whether they are covered for common winter activities. William White, commissioner for the District of Columbia Department of Insurance, Securities and Banking, says there are …

Man Released from Aruba Jail Still Suspect in Traveler’s Death

U.S. businessman Gary Giordano is getting out of jail but he isn’t in the clear. Investigators still consider him a suspect in the presumed death of his travel companion — a case seemingly bedeviled by the same lack of evidence …

AXIS Global Accident & Health Enhances Business Travel Accident Protection

AXIS Global Accident & Health, a division of AXIS Capital Holdings Limited, has introduced TravelAXIS, an enhanced travel benefits package designed for businesses and their employees. The TravelAXIS program helps U.S. employers protect their employees when they are traveling on …

UK Travel Insurer Columbus Direct Expands into German Market

UK travel insurer Columbus Direct, which is part of the Collinson Insurance Group, announced the expansion of its range of low cost travel products into the German market. The bulletin said a “range of travel insurance products will now be …

Travel Insurers Pay $7 Million a Week to Stricken UK Travelers Says ABI

Travel insurance has become an essential adjunct for UK residents heading abroad on vacations. According to the Association of British Insurers, travel insurance companies pay on average £5.3 million [$7.26 million a week to those who fall ill or have …